News Analysis The Chinese Communist Party (CCP) is launching investigations into the financial industry, triggered by a looming debt crisis and under the guise of anti-corruption. These investigations appear to be an indication that China is moving further from a market economy, while they also serve Xi Jinping’s personal goal of solidifying his power. China’s…
Beijing Investigates China’s Financial Industry as Xi Solidifies His Power
The CCP’s Next Target: Chinese Financial Firms
News Analysis Xi Jinping’s investigation of financial institutions in China, and their alleged chumminess with the largest private firms, will increase his political power, but harm the country’s economic growth. After targeting the media, education, gaming, and technology sectors in China, and wiping out billions of dollars in the process, the Chinese Communist Party (CCP)…
How the Chinese Regime Plans to Destroy Our Civil Liberties
Commentary The Hong Kong of just a decade ago is unrecognizable from the Hong Kong of today. With the Chinese Communist Party (CCP) busy revising university curriculums, collective patriotism has replaced individual freedom; loyalty to Beijing is not just expected, it’s compulsory. Refusal to comply, more often than not, results in punishment. To date, the…
CCP Purges Chinese Celebrities and Influencers in Crackdown on Entertainment Industry
Xi Jinping has seized control of China’s U.S.$359 billion (AU$496 billion) entertainment industry, seeking to align all cultural influences in China with Communist Party dogma through an “eight-point plan” that directs broadcasters on acceptable role models in entertainment. The plan released by the Chinese Communist Party’s (CCP) National Radio and Television Administration (NRTA) tolerates no…
China’s Crackdown Reminds Big Tech Who’s in Charge
Commentary China’s political leaders fear the power of their ultra-wealthy Big Tech CEOs and react to the threat with political persecution. But in the United States? Not so much. The old adage, “Money is power,” is proving to be much less reliable these days than it used to be, particularly in communist China. Just ask…
Xi’s Crackdown on ‘Everything’ Is Destroying China’s Economy
Commentary Beijing has rolled out new regulations that could destroy various industries in China, including entertainment, tech, private education, and gaming. Xi Jinping is cracking down on celebrities, as well as Western influence in Chinese culture. He wants to reform capital markets so they will not be places where the rich can get rich quickly….
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